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2821 3rd Terrace, Okeechobee, FL 34974
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2821 3rd Terrace
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Priced at Only: $1,795,000
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Address: 2821 3rd Terrace, Okeechobee, FL 34974
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  • MLS#: F10490739 ( Land & Docks )
  • Street Address: 2821 3rd Terrace
  • Viewed: 14
  • Price: $1,795,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Additional Information
  • Geolocation: 27 / -81
  • County: OKEECHOBEE
  • City: Okeechobee
  • Zipcode: 34974
  • Subdivision: North Lake Bus Park
  • Provided by: The Tucker Group, LLC
  • DMCA Notice
  • Description
    Fully leased 17,640 sq ft commercial plaza on 1.291 acres. Recently remodeled and known as Cedar Plaza, this plaza consist of 14 individual leasable bays. Current leases in place are 2 year leases with a built in annual escalator, current actual income reflects a 7% cap rate at asking price with room to grow income. Located just off Hwy 441 South and 1 block West of Home Depot makes this property a great income producer for investors.
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Features
Eco-Communities
  • Water Source: Public
Utilities
  • Road Frontage Type: Public Road
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available, Other, Irrigation Water Onsite
Finance and Tax Information
  • Tax Year: 2024
Other Features
  • Legal Description: NORTH LAKE BUSINESS PARK (PLAT BOOK 5 PAGE 70) LOTS 2, 3 & 4
  • Parcel Number: R12837350020000000020
  • Views: 14
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Nearby Subdivisions
3rd Add To Buckhead Ridge   3rd Add To Buckhead Ridge Sub   Ancient Oaks   Ancient Oaks Rv Residence   Ancient Oaks Rv Residence 03   Bet-her Acres   Blue Heron Golf & Cc Ph 0   Blue Heron Golf & Country Club   Bridlewood Ranches   Brindaban Forest Sub Un 4   Buckhead Ridge   Buckhead Ridge Sub   Cabbage Wood Ranches   Cabbage Woods Ranches   Cabbage Woods Rauches   City   Community Of Buckhead Ridge   Conners Gables   Connors Gables Revised   Consolidated Land Co   Four Seasons   Lake Okeechobee Hammock   Lakeside Shores   Lakeview Subdivision   Lar-kee Lakes   Martin County Ranch Community   N/a   Na   No Subdivision   None   North Lake Bus Park   Oasis Village   Okee-simmee   Okeechobee   Okeechobee Hammock Rep   Okeechobee Hammock, Section 4   Okeechobee Heights   Prairie   River Oak Acres   River Oak Acres Un #ii   River Oak Grove   Sherman Wood Ranches   Silver Palms   Silver Palms Rv Reosrt   Silver Palms Rv Resort   Silver Palms Rv Village   Silver Palms Rv Village Ph 01   Silver Palms Rv Village Ph 1   Silver Palms Rv Village Ph Ii   Silver Palms Rv Village Ph One   Silver Palms Rv Village Resort   Southern Colonization   Spot In The Sun   Suncreek Ranch   Sunset Acres   Sunset Waters   Sw   Taylor Creek   That's Up To You!   The Southern Colonization   The Southern Colonization Comp   The Waterway   Town Of Harding Sec 02   Treasure Island   Treasure Island Un 08   Waterway/lk Okeechobee   Wilcox Shores  
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Headshot for Associate Richard Rovinsky
  1. Richard Rovinsky, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 843.870.0037
  4. Office: 352.515.0726
  5. rovinskyrichard@yahoo.com